IPO Details – V Mart Retails Ltd

IPO of V Mart will open for subscription on Feb 1. It has fixed the price band for it IPO of Rs. 195 to 215.

Avoid this IPO . Costing is very High. This sector is not good. Look at your city all Marts currently closing or reducing their malls all company.

V-mart IPO Allotment Details Listing Date 20 Feb 2013

IPO

V-Mart Retails Ltd

ISIN No

INE665J01013

Face Value

10

Issue Price

210

NSE Script Code

VMART

BSE Script Code

VMART

BSE Script ID

534976

Issue Registrar

Karvy

Listing Date

20 Feb 2013

Business Overview

V Mart Retail setting up stores across various small indian towns and cities including, Sultanpur, Ujjain, Motihari. They primarily operate in Tier-II cities, with a chain of ” value retail” department stores offering apparels, general merchandise and kirana , catering to the entire family. Base in New Delhi, their operation across Northern , western and eastern part of India.

They open their first store by the name of ” V-Mart” at Ahmedabad, Gujarat and currently own and operate 62 store spread 53 cities and 10 states. The average size of their store is appro. 8000 sq ft .

Object of Issue

The object of the issue are to finance the expansion plans, part sale of equity share of selling shareholders and achieve the benefit of listing on the Stock Exchange. They believe that listing will enhance their corporate image and brand name.

Object of Fresh Issue

To open 60 new stores

Expansion of new Distribution ceteres

Working capital requirement

General corporate purpose

To meet the issue expense

Issue Highlights

Issue Open

Friday 1 Feb, 2013

Issue Close

Tuesday 5 Feb, 2013

Issue Size

96.66 Cr. Upper Band
87.67 Cr. Lower Band

Price Band

Rs. 195 - Rs. 215

Bid Lot

66 Equity Shares

Cheque in Favour of
(Retail Investor)

Escrow account - V Mart - IPO -R

Registrar of Issue

Karvy Computershare Pvt. Ltd

IPO Grade

Grade 3 by CARE (Indicate average Fundamental)

Payment Schedule for Retail Investor

No. of Shares

Price per Share

Cheque Amount (Rs)

No. of Shares

Price per Share

Cheque Amount (Rs)

66

215

14190

132

215

28380

198

215

42570

264

215

56760

330

215

70950

396

215

85140

462

215

99330

528

215

1,13,520

594

215

1,27,710

660

215

1,41,900

726

215

1,56,090

792

215

1,70,280

858

215

1,84,470

924

215

1,98,660

V Mart IPO Subscription Data

Day wise subscription details

Category

No Share Offer

No of Share Bid for

No of time subscribe

5 FEB 2013

I - QIB

15,73,600

23,84,316

1.52

II - Non Insti. Investor

6,74,400

9,39,444

1.39

III - Retail Investor

15,73,600

12,40,800

0.79

Total

38,21,600

45,64,560

1.19

4 FEB 2013

I - QIB

15,73,600

0000

0000

II - Non Insti. Investor

6,74,400

54,054

0.08

III - Retail Investor

15,73,600

2,05,062

0.13

Total

38,21,600

2,59,116

0.07

1 FEB 2013

I - QIB

15,73,600

0

0

II - Non Insti. Investor

6,74,400

51,282

0.08

III - Retail Investor

15,73,600

33,132

0.02

Total

38,21,600

84,414

0.02

http://www.puneinvest.com/ipo-details-v-mart-retails-ltd/2013-01-31T17:13:48+05:30RajendraIPOIPO of V Mart will open for subscription on Feb 1. It has fixed the price band for it IPO of Rs. 195 to 215.
Avoid this IPO . Costing is very High. This sector is not good. Look at your city all Marts currently closing or reducing their malls...RajendraRAJENDRATODKARadmin@puneinvest.comAdministratorPuneInvest -Investment Broker IFA Advisor